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Jun 30, 2022
ATN Q2 2022 Earnings Report
Reported solid revenues while managing expenses and investing in long-term growth.
Key Takeaways
ATN International reported a 45% increase in consolidated revenues, driven by the addition of Alaska Communications. The company is focused on expanding its fiber footprint and broadband subscriber levels.
Delivered solid revenues while managing expenses and investing in long-term growth strategy.
Expanded overall U.S. infrastructure footprint and strengthened recurring revenues with Alaska Communications.
Won several significant awards to bring increased connectivity to rural locations.
Broadband homes passed by high-speed networks increased to nearly 200,000.
ATN
ATN
ATN Revenue by Segment
Revenue by Segment
International Telecom Revenue
CapyFin.comUS Telecom Revenue
CapyFin.com Forward Guidance
The Company is reiterating its outlook for 2022 financial performance and its targets to be achieved in the three-year period ending in 2024.
Positive Outlook
- Continued capital investments in the range of $150 to $160 million (net of reimbursed amounts)
- Investments primarily in network expansion and upgrades
- Investments expected to drive subscriber and revenue growth
- Adjusted EBITDA levels to increase in the second half of 2022
- Adjusted EBITDA to be in the range of $165 to $170 million for the full year
Revenue & Expenses
Visualization of income flow from segment revenue to net income